Changing economic landscape of Qatar will mean that the framework governing the country’s financial sector would inevitably need to evolve, but maintaining financial stability remains the priority, says the Governor of Qatar Central Bank i
The Central Bank of Bahrain (CBB) and the Bahrain Institute of Banking and Finance (BIBF) have announced the launch of the second batch of a mentoring programme for undergraduate university students, reported the Gulf Daily News, our si
The Central Bank of the UAE has announced that the money supply aggregate (M1) increased by 0.04 per cent, from Dh472.4 billion at the end of October 2016 to Dh472.6 billion at the end of November.
In its statement, the bank annou
Bahrain's central bank said on Wednesday (December 14) that it has decided to raise the interest rate on its overnight deposit facility, its key policy interest rate, by 25 bps from 0.50 per cent to 0.75 per cent with immediate effect.
Saudi Arabian Monetary Agency, the kingdom's central bank, has changed its name to Saudi Arabian Monetary Authority.
The acronym SAMA, however, remains unchanged, said the Saudi central bank in a statement.
Bahrain Bourse (BHB) has obtained the approval of the Central Bank of Bahrain (CBB) on the Bahrain Investment Market (BIM) Rules, reported the Gulf Daily News, our sister publication.
To Read further, please visit
The Saudi Arabia Monetary Authority (Sama), the country’s central bank, recently announced that it would provide Saudi banks with about SR20 billion ($5.3 billion) of time deposits on behalf of government agencies, a report said.
Saudi Arabia's central bank said on Sunday it has decided to inject around SR20 billion ($5.33 billion) in time deposits into the banking system to boost financial stability.
It has introduced two new maturity periods for repu